Imagine it’s a hot summer day, you’re at the beach and the sun is blazing. So what do we do for protection? We spread on the sunscreen.
But what if we miss a spot – say, on our back, arm, or leg? Well, you know what happens. If we leave a part of our body exposed, that night we’ll likely be treating ourselves for painful sunburn damage.
As a practice owner, you are acutely aware of the many considerations that are involved in successfully running your practice. You know the things that make your practice unique, that make it your own. You also know well the extraordinary amount of expenses that you need to cover every month ... the many thousands of dollars that it takes to keep your practice operating. What would happen to your practice if you became sick or were injured and unable to work for an extended period of time?
For most physicians disability insurance is a “no brainer.” It helps provide an income if you become ill or injured and cannot work for a long period of time. As such it is considered essential insurance protection for any physician actively practicing medicine.
As your life changes, your needs for health insurance change as well. Perhaps you are about to change employers, complete your residency, open your own practice, get married, or welcome a new child. If so, all of these life changes (and more) can affect your need for health insurance. Because health insurance coverage is part of your essential insurance protection, we are here to guide and support you in making the right choices at the right time. Let us help you choose the right coverage for your needs at the best price available.
If you ask most independent practice owners, chances are they will tell you that owning a medical practice can be immensely rewarding – but also very challenging.
On the one hand, you have the freedom to practice medicine on your own terms. But you also have an added layer of responsibilities. You are not only responsible for the care of your patients, but you must also look out for the welfare of those who work beside you every day.
So if for some reason you were not able to go to work – if you were ill or unexpectedly injured – that could have significant financial ramifications for you, for your staff and for your practice.
As a medical practice owner, you work incredibly hard for the benefit of your patients, and you deserve sincere and whole-hearted thanks. We appreciate all the good you do for your patients, your staff, and your community.
One of the ways we have chosen to express our appreciation is by creating the TMA Member Business Overhead Expense plan issued by The Prudential Insurance Company of America. This plan is designed to help protect your practice, and your savings if you become too sick or injured to work. If you don’t already have this coverage, now may be the right time to seriously consider it.
As a physician you’re probably well aware of the importance of disability insurance. It is generally considered essential coverage by most industry experts.
But like most physicians, you’re also likely to be extremely busy. And disability insurance may not be on the top of your mind – especially if you already have a policy.
But what if you could pay 25% less for a quality disability insurance policy? Would it be worth your time to learn more?
No one understands Texas physicians better than the TMA - that’s why, in 1955, the TMA Insurance Trust was founded. Our goal is to take care of your needs like no other insurance company can. One of the ways we are striving to do this is by expanding our coverage and making more insurance products available to our valuable members.
